14 Russian Mega shopping centers may be acquired by Gazprombank – Kommersant
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The Mega chain of shopping centers in Russia, which is now owned by the Swedish company Ingka Centres, may be sold to the structure of Gazprombank, sources in the real estate market told Kommersant.
The interlocutors did not specify the structure of the bank laying claim to Ingka’s assets; however, Gazprombank already has assets in the real estate market. In particular, in February 2022, GPB Asset Development bought the Boulevard Ring business center with an area of 8.2 thousand square meters. m in the center of Moscow. The Gazprombank-Invest company owns the Gorod Kosino shopping center in Moscow, as well as the Mezon Plaza business center in St. Petersburg.
Ingka is the largest owner of retail real estate in Russia, owning 14 Mega shopping centers in Moscow, the Moscow region, Leningrad region and other regions, as well as the retailer IKEA. According to Forbes, in 2022, the income of Ingka Centers in the Russian Federation from leasing space in Megas fell to $285 million (by 19% year-on-year).
Read more about this in the Kommersant article. “Financiers will shop at Mega”.
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